Posted by
Jared Masters on Monday, September 29, 2008 11:08:13 PM
With the 700 billion Dollar Government bailout crashing in the House of Representatives, White House Adviser Keith Hennessy stopped in at CNBC's "Fast
Money" to say at this point there's no direct schedule of try-try
again certainty on the day-dusk Holiday Celebration sparking off the Jewish New Year's Resolution of Rosh Hashanah.
In light of real actualities, each Republican President of the United States
causes suffrage of an economic recession at the end of their terms at the cost of the American
people being the aged old adage of the 19th Century, and this new world
order garbage they keep feeding us in just one word that needs adherence is "obsolete" because at least N.W.O. Wrestling gives
some kind of entertainment.
President Bush & John McCain did utilize with success very important
necessaries of our Military Generals when America's War on Terror felt no
compassion from anyone, however, now is the time for the slogan of "no longer in
general use" better referred as "obsolete".
The delegation of authority needed now are business type individuals that
have the "common sense" to listen to experts such as Mad Money Man
Cramer and other real life everyday panel of experts that work with everyday people
to make life better for families who take monies out of their leisure
time to make a better future for their children counting on it just being
there.
All of America has watched many a movies at the helm of 20th Century Fox that
are even obsolete as drive in big screen entertainment, and the real truth is that while it was
barns full of hay day for the Republican Party and Rubber Stamp Sam for the last
8 years, now they want to cry wolf with the Democrats holding the all fly
pattern majority.
If you want some t&t dynamite, "Tell the Truth" has another lower case
"t" that another House Republican also went on "fast money" toating a quote
that Democrats could have passed the Bill and Republican's didn't want to
put 700 Billion Dollars worth of debt on their children and their children's
children's burden. However, where was all that responsibility when the
Republicans held hostage the House an Senate for the last 8 years.
Politics as usual are causing wall street, main street, and every alleyway to
duck and take cover for the next week with not passing this Bill, however, let
us remember the The S&L Savings and Loan fiasco with Regan & Bush
Senior and Senator McCain as a participant in his younger days that wisked away We the People like they were bugs under the rug.
And if that's not enough for ya, let us truly go back to Nixon and his end
term recesssion of re-enactment to "Tell the Truth" that just says 7 days is
only 168 hours 10,080 minutes 604,800 seconds all in one approximity of:
That all basically says that HR 3997 will get done in
good time with headings of:
I.
Stabilizing the Economy
The Emergency Economic Stabilization Act of 2008
(EESA) provides up to $700 billion to the Secretary of the Treasury to buy
mortgages and other assets that are clogging the balance sheets of financial
institutions and making it difficult for working families, small businesses, and
other companies to access credit, which is vital to a strong and stable economy.
EESA also establishes a program that would allow companies to insure their
troubled assets.
II. Homeownership Preservation
EESA requires the Treasury to
modify troubled loans – many the result of predatory lending practices –
wherever possible to help American families keep their homes. It also directs
other federal agencies to modify loans that they own or control. Finally, it
improves the HOPE for Homeowners program by expanding eligibility and increasing
the tools available to the Department of Housing and Urban Development to help
more families keep their homes.
III. Taxpayer Protection
Taxpayers should not be expected to
pay for Wall Street’s mistakes. The legislation requires companies that sell
some of their bad assets to the government to provide warrants so that taxpayers
will benefit from any future growth these companies may experience as a result
of participation in this program. The legislation also requires the President to
submit legislation that would cover any losses to taxpayers resulting from this
program from financial institutions.
IV. No Windfalls for Executives
Executives who made bad
decisions should not be allowed to dump their bad assets on the government, and
then walk away with millions of dollars in bonuses. In order to participate in
this program, companies will lose certain tax benefits and, in some cases, must
limit executive pay. In addition, the bill limits “golden parachutes” and
requires that unearned bonuses be returned.
V. Strong Oversight
Rather than giving the Treasury all the
funds at once, the legislation gives the Treasury $250 billion immediately, then
requires the President to certify that additional funds are needed ($100
billion, then $350 billion subject to Congressional disapproval). The Treasury
must report on the use of the funds and the progress in addressing the crisis.
EESA also establishes an Oversight Board so that the Treasury cannot act in an
arbitrary manner. It also establishes a special inspector general to protect
against waste, fraud and abuse.
...and another week will not make or break Wall Street, or America
really is in trouble and no more trading period is the best advice for
everyone!
Entirely to change the subject that that is the worst advice anyone can give, that just says one more week at the helm of
bunker fortresses in the Kapisa provence Northeast Kabul Afghanistan are just
up-scale base foundations for cities of the future.
With the Afghan National Army & U.S Marines securing the right of
Democracy for the people that will allow American Training sessions to come back
home with only the possibility of re-enter-reactions, that's like
saying your on-line security system updating your computer is a hassle in the middle of your work, but it sure is worth it when you computer doesn't actually crash the way it used to in the past.
The good news is that the sun may set and rise with nothing changing in sums
of the same on some issues, however, overall strategic planning in
Afghanistan has also failed because nearby waters at the Kapisa Provence is
leaning towards not producing irrigation systems that will "actually produce"
fruitfull enterprises that re-route excess treated systems back into a re-cycle
program that wins when the rains don't harvest.
Moreover, if ya'll wanna play politics, there is no platform to speak
of because the real "ACT" is Energy Independence" 1st, "Education 2nd while
"Infrastructure" is in due diligence co-habitating the exact same time while space is in the
remodel recycle format of renewables that again says the real bridge to everywhere is PickensPlan.com.
In one single entity, "good everyday hard work is your very best friend" and
failure isn't a dilemma, it's just another route of travel for scientific
technological engineering advancement that is "Intellegently designed" as
dis-appointment whereas a good joke always changes without notice such as:
Q: Why does an elephant have 4 feet?
A: Because 8 inches isn't enough.
With that, the Donkey is giving a mule kick to the Elephant representing
eight years is enough, and it's as simple as that.
The 57th Delegate...